Exterior Automotive Plastics Market to Hit $17.94 Billion by 2029 | Fortune Business Insights™
In This Article:
Companies covered in exterior automotive plastics market report are Arkema (France), BASF SE (Germany), Borealis AG (Austria), Dupont (U.S.), DSM (Netherlands), Evonik Industries (Germany), Exxonmobil (Texas), Lanxess (Germany), LyondellBasell (Netherlands), Covestro AG (Germany), and other players profiled.
Pune, India, July 17, 2022 (GLOBE NEWSWIRE) -- The global exterior automotive plastics market size was USD 11.53 billion in 2021. The market is projected to grow from USD 12.18 billion in 2022 to USD 17.94 billion by 2029 at a CAGR of 5.7% during the 2022-2029 period. This information is published by Fortune Business Insights, in its report titled, “Exterior Automotive Plastics Market, 2022-2029.”
Deterioration in Plastic Consumption Due to COVID-19 has Affected Market Growth
Numerous economies imposed limitations on the movement of raw materials from the outbreak of novel coronavirus in 2019, influencing the supply chain of exterior automotive plastics. Rising lockdown limitations across the world declined the demand for plastics from the automotive industry.
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List of Key Players Mentioned in the Exterior Automotive Plastics Market Report are:
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Arkema (France)
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BASF SE (Germany)
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Borealis AG (Austria)
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Dupont (U.S.)
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DSM (Netherlands)
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Evonik Industries (Germany)
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Exxonmobil (Texas)
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Lanxess (Germany)
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LyondellBasell (Netherlands)
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Covestro AG (Germany)
Report Coverage:
The report presents a systematic study of the market segments and a comprehensive analysis of the market overview. A thoughtful evaluation of the present market trends as well as the future prospects is offered in the report. Moreover, it presents an exhaustive analysis of the regional insights and how they aid to shape market growth.
The COVID-19 impacts have been discussed in the report to assist investors and business owners with an enhanced perception of the latent threats present in the market. The report further mentions the prime players and their prominent strategies to stay in the leading position.
Exterior Automotive Plastics Market Report Scope & Segmentation:
| Report Attribute | Details |
| Market size value in 2021 | USD 11.53 billion |
| Revenue forecast in 2029 | USD17.94 billion |
| Growth Rate | CAGR of almost 5.7 % 2022-2029 |
| Base Year | 2021 |
| Historic Years | 2018 - 2021 |
| Forecast Years | 2022 - 2029 |
| Segments Covered | By Type (Polypropylene, Polyurethane, Polyamide, Polyvinyl Chloride, Polycarbonate, Polyethylene, and Others) |
| Forecast Units | Value (USD Billion), and Volume (Units) |
| Quantitative Units | Revenue in USD million/billion and CAGR from 2022 to 2029 |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
| Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
| Number of Companies Covered | Arkema (France), BASF SE (Germany), Borealis AG (Austria), Dupont (U.S.), DSM (Netherlands), Evonik Industries (Germany) , Exxonmobil (Texas), Lanxess (Germany), LyondellBasell (Netherlands), Covestro AG (Germany) |
| Report Coverage | Market growth drivers, restraints, opportunities, Porter's five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
| Customization Scope | Avail customized purchase options to meet your exact research needs. |
Segments:
Others Segment Held Large Share owing to Great Inclination toward ABS and PBT
Based on type, the market is segmented into polypropylene, polyurethane, polyamide, polyvinyl chloride, polycarbonate, polyethylene, and others.